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Saluting Our Active and Veteran Military Small Business Owners

Post Date: May 13, 2015

Armed Forces Day occurred in conjunction with the unification of all U.S. Military branches under the newly formed Department of Defense on August 10, 1949.

On August 31, 1949, Secretary of Defense Louis Johnson announced that there would be one day honoring those who serve in all branches of the military, replacing Army, Navy, Air Force, Marine and Coast Guard days.

While they still have their individual days, the national day to celebrate those who wear a U.S. military uniform became the third Saturday of May. This year, Armed Forces Day is May 16th.

The first Armed Forces Day was celebrated on May 20, 1950. In a presidential proclamation (February 27, 1950), Harry S Truman stated:

“Armed Forces Day, Saturday, May 20, 1950, marks the first combined demonstration by America’s defense team of its progress, under the National Security Act, towards the goal of readiness for any eventuality. It is the first parade of preparedness by the unified forces of our land, sea, and air defense.”

In 1999, the U.S. Senate passed a resolution that designates May as National Military Appreciation Month. Throughout the month, there are days that specifically celebrate the many men and women who are involved in military service, including active duty and veterans, those who died in service, as well as recognizing military spouses.

Over 22,000 veterans and active-duty military are owners of small businesses. Benetrends salutes those that continue to serve our country while pursuing their dream of business ownership. We can also help our military heroes with the funding needed to launch their dreams.

Our Rainmaker Plan® provides a debt-free funding solution, using existing retirement funds from a 401(k), IRA or other qualified retirement funds, including those from Thrift Savings Plan. To learn more, schedule a consultation.

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